This blog site initially focused on renewable energy and the environment. But that was SIMPLE SOLUTIONS for Planet Earth. My next book, SS for Humanity, opened the subject area to everything else, including SETI, the afterlife, travel and cuisine. However, I still provide, now and then, SIMPLE SOLUTIONS.

Total Pageviews

Wednesday, January 9, 2013

SHOULD YOU INVEST IN SOLAR ENERGY?

I've been hesitant to invest in the subject of my lifework. Turns out this was wise.

We read so much about China being the energy glutton, and, indeed, just to the right you see that China is #1 in 2013, while the USA is #2. However, it turns out that per person, we use twice the energy of Europe and four times that of China.

The average annual growth for the renewables to the year 2040 follows:

Note that solar photovoltaic and solar thermal dominate. Another attractive reason why this might be a good a time as any to take these solar stocks more seriously. Note the puniness of wind energy and bullishness of geothermal.

A kind of negative is that the renewables will increase, but the following chart seems to think that nothing much will change in the composition for the next thirty years:

In fact, fossil fuel use is projected to INCREASE!!! I thought for the sake of global warming we would be phasing out fossil fuels. Apparently not so. These graphics were prepared by the U.S. Energy Information Agency.

Mind you, you should not completely accept everything you read. One of the comments to this article I quote:

Warning: EIA always understimate RE in favour of oil and nuclear ! DO NOT believe it! These estimates are fake! Totally biased! Please read "Global Cooling" and you'll open your eyes! None sane can believe at such an oil production anymore. Shame on you Harris.

Tomorrow I present a case for global warming.

-Tropical Cyclone Narelle northwest of Australia is now up to 85 MPH, but will increase to Category 4 status. Not sure if any populated area will be impacted:

No comments:

TRANSLATE TO YOUR LANGUAGE

SEARCH this blog

HONOLULU TIME

Most Popular Posts

For the longest time, the day when the most visitors (3,356) clicked on this blog site was 27February2010 on THE CHILE EARTHQUAKE. Why? Probably because this posting was linked to my Huffington Post article of that day reporting on HAWAII TSUNAMI. Natural disasters tend to increase readership. However, on 6March2017THE WONDERS OF ALCOHOL drew 6498. Further, too, on 6June2017, the one-month tally of visitors was 70,219, or 2340/day. For nine years until mid-2017 this daily average consistently remained under 500/day.

Interesting to note that not one of the top 20 postings reports on natural disasters (not sure what those numbers stand for, but they indicate a kind of relativity), the newest of this list goes back five years, and the highest rated this year is just over 300. Clearly, people are reading my older postings, but there is no sense to which subject areas are popular.

VIEWERS

VIEWERS X

WE MUST TAKE ACTION ON GLOBAL WARMING NOW!

Last year surpassed 2014 as the warmest year on record since the mid to late 19th century. Global sea level also rose to a new high, 2.75 inches higher than in 1993, when record-keeping began. Tropical cyclones were 25% higher than the average. The Arctic is melting, severely.

WHAT IS THE PRICE OF OIL?

WHAT WILL BE THE FUTURE PRICE OF OIL?

Click on:
FUTURE PRICE OF OIL
to gain a sense of what the financial community thinks will be the future price of crude oil. When I last viewed this Chicago Board of Trade (a NYMEX company) future contracts page on 110March2014, the futures price of oil in December 2022 was $78.59. This makes no sense to me.

CONSUMER PRICE INDEX AND THE INFLATION RATE

The CPI is based on 1984 at 100. Thus, 241 means a 241% inflation since 1984.
There are various ways to look at this, but one is to subtract 100 from 241, getting 141, so the effective inflation today, nearly a third of a century later, is 141% higher. Another comparison is that the CPI in 1916 was 10.9, and is at 240.853 today, a hundred years later. Thus, the average commodity that sold for a buck then, today goes for $22.

Calculate Your Body-Mass Index

ABOUT ME

I am Director Emeritus of the Hawaii Natural Energy Institute at the University of Hawaii and co-founder of the Pacific International Center for High Technology Research.
I have published three SIMPLE SOLUTION books and have written more than 100 articles for the HUFFINGTON POST. I am working with an enlightened team to pioneer the BLUE REVOLUTION (http://bluerevolutionhawaii.blogspot.com/),
beginning with the development of the Pacific International Ocean Station.